Balance sheet presented: Tilray stock erupts deeply: Tilray balance sheet well above expectations | message
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Cannabis group Tilray posted a loss of $ 0.02 per share in its fourth fiscal quarter of 2020. A year ago, the minus was significantly higher at 2.14 US dollars per share. Experts had previously assumed an EPS of -0.141 US dollars, so Tilray was above expectations.
For sales, analysts had previously expected 56.0 million US dollars – a year ago, sales had been 46.9 million US dollars. In fact, the cannabis group turned over $ 56.56 million in the reporting period, more than experts had promised.
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For the full year, Tilray was stuck deep in the red, with loss per share of $ 2.15 from $ -3.2 in EPS last year. The analyst estimates were here at -2,445 US dollars. Meanwhile, the Americans made progress in terms of sales: Revenues climbed from 167.0 to 210.48 million US dollars and were thus above the analysts’ estimates, which had amounted to 208 million US dollars.
The Tilray share shows in after-hours trading on the NASDAQ meanwhile 13.9 percent in the plus at 35.89 US dollars.
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